BridgeCo, a provider of networked entertainment technology, has received a USD7.5m investment to support the rapid growth in connected home audio. The financing was led by existing investor Earlybird Venture Capital and private investor Christian Wenger, along with a new private investor Brian Long (pictured), a general partner with private

Robert Coleman, chief executive officer of Six3 Systems, and private equity firm GTCR have acquired BIT Systems. In April 2009, through the CEOVisions Acquisition Services programme, Cook M&A Advisory Services partnered Coleman (pictured) with GTCR to form Six3 Systems, a company focused on building a government services platform specialising in

Venture capital investments in green energy are shifting toward advanced technologies as well as less capital-extensive technologies, according to analysis by Frost & Sullivan. The green energy sector was a recipient of growing investments from the VC community until the economic downturn, following which the investments shrank in 2009. Government

The European Investment Bank has pledged to make a EUR5m anchor investment in the first venture capital fund to target investments in export-oriented IT companies being launched in the Palestinian territories. The EIB’s commitment was announced at a signature ceremony in Ramallah supported by the Palestinian Prime Minister and attended

Wrap Film Systems, one of the largest cling film and aluminium foil converters in Europe, has acquired the business of competitor Baco Consumer Products from US based Reynolds Consumer Products in an off-market deal. Wrap Film Systems was backed by Growth Capital Partners in 2007 in a GBP21m buyout Adrian

Private equity firm GI Partners has acquired Shirebrook Care Group, a bolt-on acquisition to its portfolio company Care Aspirations.  The deal, valued at approximately GBP20m, will double the size of the existing business. With facilities located in the Derbyshire, Nottinghamshire and South Yorkshire, Shirebrook Care Group offers a full range

The return of M&A deal-making which began to accelerate towards the end of the third quarter this year has continued into the final quarter, where USD575bn worth of deals have been announced so far, according to a report by mergermarket. Quarter four looks set to be the largest value by

CDC Group, the UK’s development finance institution, has committed invest over USD100m in two sub-Saharan Africa focussed private equity funds.   The funds will invest in promising businesses across a range of African countries.   The new commitments made by CDC are with fund managers Helios Investors in their Helios

Microdata Telecom Innovation is raising SEK10m from venture capital firm InnovationsKapital and existing shareholders through an equity issuance. Microdata Telecom is currently expanding internationally to address a rapidly growing global market for Microdata Advanced Site Solutions in the mobile infrastructure market. "Through this equity infusion, we are able to further

LDC, the private equity arm of the Lloyds Banking Group, has invested in Aberdeen-based subsea construction company Subocean Group. Subocean, which is now one of the largest providers of services to the marine renewables sectors in Scotland and the UK, will use the investment to double the business in two